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The Toro Company (TTC)

NYSE - NYSE Delayed Price. Currency in USD
91.63+1.89 (+2.11%)
At close: 04:00PM EDT
91.85 +0.22 (+0.23%)
After hours: 06:10PM EDT
  • Dividend

    TTC announced a cash dividend of 0.36 with an ex-date of Mar. 28, 2024

The Toro Company

8111 Lyndale Avenue South
Bloomington, MN 55420-1196
United States
952 888 8801
https://www.thetorocompany.com

Sector(s)Industrials
IndustryTools & Accessories
Full Time Employees10,706

Key Executives

NameTitlePayExercisedYear Born
Mr. Richard M. OlsonChairman, President & CEO1.73M955.84k1964
Ms. Angela C. DrakeVP & CFO799.6kN/A1972
Ms. Joanna M. TotskyVP, General Counsel & Corporate Secretary508.03kN/A1967
Mr. Gregory S. JaneyGroup Vice President of Landscapes & Contractor580.87k266.62kN/A
Mr. Kevin N. CarpenterVP of Global Operations & Integrated Supply Chain1.16MN/A1975
Mr. Kurt D. SvendsenVice President of TechnologyN/AN/A1966
Julie A. KerekesTreasurer, Senior MD of Global Tax & Investor RelationsN/AN/AN/A
Mr. Branden HappelSenior Manager of Public RelationsN/AN/AN/A
Mr. Jason P. BaabVice President of Strategy, Corporate Development & SustainabilityN/AN/A1974
Ms. Margeaux M. KingVice President of Human ResourcesN/AN/A1978
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. This segment also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. The Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. It sells its products through a network of distributors, dealers, mass retailers, hardware retailers, equipment rental centers, home centers, and online. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.

Corporate Governance

The Toro Company’s ISS Governance QualityScore as of March 1, 2024 is 5. The pillar scores are Audit: 3; Board: 3; Shareholder Rights: 7; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.